Nationally house prices have risen pretty constantly, which means that mortgages are getting bigger. The median house price in SOMERVILLE, 3912 is already $500,000, which makes it the number 353th in VIC on a list ordered by most expensive. Make sure that you get good SOMERVILLE mortgage broker to look for the best deal.
VIC has seen an average of 4149.07% rowth over the last 5 years. This means that with well above the state figure, SOMERVILLE, 3912 figure of 697 represents a 10630.00% change.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,606 which is $393 more every month. As a percentage rise, this makes SOMERVILLE, 3912 the number 3347th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.